2020 was an absolute mess! No need to mince words here; the year of 2020 will go down in history as a year of chaos disappointment, struggle, fear, and worst of all, disrespect. We were exposed to a crippling pandemic; a horror that we have not seen anything remotely close since the 1918 Spanish flu …
3 Ways to Embrace Our New Normal…Even When We Don’t Know What It Is! Read More »
To get your business venture off the ground and watch it grow, there are several different funding options you can use to get there. Since every business has different needs, there is no one “right” financial solution that can be applied to ALL businesses. However, you can use this map to determine what financing option …
As your business is growing, you might add new products or services to your business portfolio. A business portfolio refers to a company’s overall set of products and services that the business offers. But as your company grows, it might be challenging for you to decide “where to invest more money”, especially if your financial …
The Strategic BCG Matrix: Find YOUR MOST PROFITABLE Products and Services Read More »
Key Success Factors (KSF) play an important role in strategic planning and management. The key success factors, also known as critical success factors, are an integral part of building a successful relationship between your business offering and your customers. Setting KSFs should be a natural progression after you have established your company’s mission and goals. …
How to Determine Key Success Factors to Help You Run a SUCCESSFUL Business Read More »
Growing and scaling are crucial to the long-term survival of your business because they will drive business performance and profit. But many businesses find themselves in a paradox where the business needs more money (for investments) in order to make more money. This becomes even harder when you have limited profits coming into the company …
Want to scale and grow your business, but have limited resources? READ THIS! Read More »
Let’s be honest, discounts are great! Discount strategies are helpful in increasing sales, but only if they are done right. For instance, if you do not consider the buyer’s journey, you might hurt your business bottom line in the long run. You must take into consideration the customers’ feelings. You need to ensure that the …
How to Use Discount Strategies Without Hurting the Bottom Line Read More »
Lead generation is an important aspect of any business, which is why many companies invest heavily in resources, time, and money to set up mechanisms that generate and convert leads. First off, what are good leads? Good leads are prospects, or visitors, that have an actual interest in your product or service and are there …
Leaders are the people that have the central role and responsibility to lead a group of people or an organization. Everyone possesses certain leadership skills within. However, for some people, those leadership skills are more obvious. Although, people argue that leaders are born and not made, this is only true to a certain extent. Leadership …
The Six Leadership Styles in Practice – How and When to Use Them Read More »
Failure is talked about all the time but what about being mindful of your efforts and your success? What if the reason you are not succeeding is that you were not taught what to do if you succeed (because everyone is too focused on what to do if you fail? So, instead of failure, let’s …
As a business owner there are many ups and downs, exhausting and rewarding moments at the same time. Then there is that feeling of the “last sprint”. That feeling of tiredness when you have been doing a project for a long time, whether that is the launch of your business, launching a new product or …
The Last Sprint: Staying Motivated When You Are Close to the End Goal Read More »
